I just tried installing it on my win2K system to verify your problem and I had the same problem. After I installed I ran a search for printer on my system and got the following search results:

C:\Perl\site\lib\ppm-conf
C:\Perl\site\lib\ppm-conf
[download]

I read the ppd file for the download location, downloaded the file, and it is empty.
I search CPAN and found Win32-Printer-0.8.0.zip. I unzipped it and found it has the required files. You might want to download it and install it without using ppm.

davidj